Attorney General Letitia James said the cryptocurrency giants were illegally running gambling platforms in the state after they expanded into prediction markets, which are loosely regulated.
Category: Attorneys General
-
Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits
The New York Times – Business: -
Arizona Files Criminal Charges Against Kalshi, the Prediction Site
The New York Times – Business:The state accused Kalshi on Tuesday of operating an illegal gambling business, escalating the legal battle between states and prediction markets.